stETH
stETH is an ERC-20 token representing staked ETH through the Lido protocol. Unlike traditional staking, stETH enables liquidity by allowing users to trade, lend, or use it in DeFi applications while continuously earning staking rewards from Ethereum 2.0.
Pegged 1:1 to the US Dollar
Available on multiple blockchains
The core staking platform that converts ETH into stETH and distributes staking rewards.
Offers liquidity pools that include stETH, enabling efficient trading and yield opportunities.
Integrates stETH in various yield optimization strategies for enhanced returns.
Supports stETH as collateral for borrowing, further leveraging staked assets in DeFi.